Square Enix has shared their financial results for the fiscal year ended March 31st, 2018. With a chart of the digital entertainment segment, we are provided a look at how well the company performed and what the company has planned for the future.
The chart above compares the company’s net sales and operating income for the fiscal year ended March 2018 to the previous four years. And while net sales declined because of a decrease in the number of new blockbuster titles compared to fiscal year 2017, Square Enix saw a strong performance in digital sales that resulted in an increase of operating income.
The major titles that were released in the fiscal year ended March 31, 2018, were Final Fantasy XII: The Zodiac Age, Dragon Quest XI, Fortune Street & Final Fantasy 30th Anniversary, Dissidia Final Fantasy NT and Final Fantasy XV Royal Edition.
The second chart showcases that, because of the increased revenue of digital sales, the operating income margin of HD business improved greatly compared to the previous fiscal year.
The chart also shows some of Square Enix’s plans for the current fiscal year, which ends March 31, 2019. The showcased plans are:
- Expand our IP portfolio through major releases of existing and new IPs, and further improve profitability by digital sales.
- Expect an increase in revenue in FY2019/3 thanks to the launches of multiple blockbuster and mid-sized titles.
Located on the bottom of the chart is the already announced titles scheduled to release in FY2019, which include: Octopath Traveler which is set to release July 13th 2018, Shadow of the Tomb Raider on September 14th 2018 and the long awaited Kingdom Hearts III, which is still scheduled for a 2018 release.